The coin in question is a Seated Liberty Half Dime, produced in the year 1867 at the Philadelphia Mint, designated with the mint mark 'P'. This particular coin represents a denomination of five cents, also known as a nickel or half dime. Crafted from silver, the coin weighs 1.24 grams and has a diameter of 15.5 millimeters. With a reported mintage of just 8,000 pieces, this coin is relatively scarce, making it of interest to collectors and numismatists alike. The design features the iconic Seated Liberty motif, depicting Liberty seated on a rock, holding a shield and a liberty cap, which was a popular design during the mid-19th century in American coinage. Given its age and limited mintage, the 1867 Seated Liberty Half Dime is a notable example of American numismatic history and adds a rich layer to any collection containing coins from this era. This half dime, graded and assessed for its condition, could vary in value depending on factors such as its wear, luster, and overall preservation. Collectors typically seek higher-graded specimens for their clarity and detail, making each individual coin's grade paramount in determining its market value.